Brent Crude

Daily Market Commentary: 27 February 2019

By | 2019-02-27T09:01:34+00:00 February 27th, 2019|Markets and Research|

Today we are taking a look at: SAGBs open unchanged from last night, after US inflows bid the belly of the curve Powell suggests patience regarding interest rates in the US Brent crude climbed for a second day after an industry report signalled a surprise decline in U.S. oil inventories US markets closed in the [...]

Daily Market Commentary: 15 February 2019

By | 2019-02-15T09:05:16+00:00 February 15th, 2019|Markets and Research|

Today we are taking a look at: Yields remain elevated, follows ZAR weakness on the back of disappointment over Eskom plans The rand holds steady above 14.0000 Brent crude remains elevated and continues to rise as Saudi and Venezuelan output under pressure The JSE and European markets retraced early gains, following a sharp decline in [...]

Daily Market Commentary: 5 February 2019

By | 2019-02-05T09:30:47+00:00 February 5th, 2019|Markets and Research|

Today we are taking a look at: A slow day for SAGBs after gapping early and holding weaker levels for most of the day Various speakers scheduled to address the Mining Indaba Brent crude prices marginally higher, gold tightly range bound, unchanged over the day The Top40 closed in the red, European markets were mixed [...]

Daily Market Commentary: 20 December 2018

By | 2018-12-20T09:45:07+00:00 December 20th, 2018|Markets and Research|

Today we are taking a look at: SAGB yields continue to decline amid better risk sentiment Dollar rebounds as Fed not as dovish as expected Brent crude price slump persists; gold price eases marginally Global markets traded higher ahead of the U.S. rates decision supported by a stronger crude oil price UK CPI eases in [...]

Daily Market Commentary: 26 November 2018

By | 2018-11-26T09:48:29+00:00 November 26th, 2018|Markets and Research|

Today we are taking a look at: Yields remain supported by offshore demand FX markets will focus on G20 meeting kicking off today; dollar rebounds this morning, but rand remains resilient Gold remains elevated; Brent crude price breaks below $60/bbl The JSE and global markets trade lower, weighed by a sharp fall in oil prices [...]

Daily Market Commentary: 18 October 2018

By | 2018-10-24T09:20:47+00:00 October 18th, 2018|Markets and Research|

Today we are taking a look at: Yields continue to decline across the SAGB curve Hawkish Fed minutes temper rand gains, global majors remain weak Brent crude price remains volatile, falling to $80/bbl.; gold remains elevated Global markets experienced choppy trading as investors reacted to mixed US earnings and the release of the Federal Reserve’s [...]